Slicing The Price Of A Bagel
STEVE INSKEEP, host:
Today's last word in business involves a product that does not change, except for the price. It's the New York bagel, and it may serve as a barometer of the changing cost of food. Bagels are made with bags of flour that climbed in price almost the one that oil did. A bag that used to cost $27 rose to $60 per bag. But now it's dropped again to a more reasonable $38.
And the New York Daily News tells us that a shop called Hot Bagels & Deli has dropped its bagel prices to consumers. They've gone from a dollar to $.90. You can save a dime in tough times, although not everywhere. Another nearby bagel shop is still charging a dollar. And Dunkin Donuts wants a $1.20. Let's not even get started on the price of a little bit of lox.
That's the business news on MORNING EDITION from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, host:
And I'm Renee Montagne.
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